Executing a Will in India is often more complex than believed, involving numerous institutions and documentation hurdles. Nominees do not a...

ET Wealth Reader's Query: A relative had a joint demat account with his wife, though all the investments were made by him. He had no childr...

Guardianship Certificates will no longer be necessary when settlement funds are deposited directly into the bank accounts of the deceased m...

UIDAI has recommended that Aadhaar number holders report the death of their family members on myAadhaar Portal after obtaining their death ...

Nominees are appointed to receive funds upon someone's death, but they do not get to become ultimate beneficiaries of the same. While succe...

State Bank of India simplifies death claim settlements. Nominees can file online for savings accounts and fixed deposits. Visit the Decease...

SEBI has partnered with DigiLocker to allow nominees access to the financial assets of deceased individuals. This initiative will help in e...

NPS subscribers should keep in mind that they should only nominate certain individuals to their NPS account. If you name the wrong nominee,...

The government has made changes to the process of claiming money from several post office small savings plans in a circular dated August 28...

Here is a look at the process of filing a claim with SBI after the death of an account holder. Before filing the death claim with the SBI, ...

In the United States and in India, although inheritance laws apply equally to citizens and permanent residents in both countries, there are...

PNB has a simplified policy and procedure in place to help with the settlement of claims for deposits, locker contents left in the accounts...

Here is the procedure to access the bank locker by the nominee in case of death of holder whether held individually or jointly.

In 2016, the Bombay High Court laid to rest the position of a nominee versus a legal heir in relation to the shares of an Indian company.

Once an individual passes away, it is the responsibility of his legal representatives to file the deceased’s tax return.

In case a single demat account holder dies leaving a nominee, the procedure for transmission of securities is simple.

A nominee of an insurance policy is only a trustee of the sum assured, not the sole claimant, so says insurance companies in both life and ...